Group Company 2023 2022 2023 2022 Note RM RM RM RM ASSETS Non-current assets Property, plant and equipment 12 97,137,042 90,838,250 10,051,927 11,183,892 Intangible assets 14 730,491 639,395 57,549 83,797 Goodwill 15 168,638,985 168,638,985 - - Investments in subsidiaries 16 - - 163,019,821 157,183,821 Investments in joint ventures and an associate 17 - - - - Deferred tax assets 18 4,013,711 2,100,405 1,117,162 - Trade and other receivables 20 15,739,892 10,346,121 - - Other investments 21 8,250 26,750 - - 286,268,371 272,589,906 174,246,459 168,451,510 Current assets Inventories 19 71,161,299 89,990,072 - - Trade and other receivables 20 315,358,024 255,652,048 118,086,232 84,494,858 Current tax assets 2,855,109 2,686,110 - 47,628 Other investments 21 6,264,741 14,900,727 6,264,741 9,951,410 Cash and bank balances 22 174,003,942 143,265,970 7,942,023 9,323,243 569,643,115 506,494,927 132,292,996 103,817,139 TOTAL ASSETS 855,911,486 779,084,833 306,539,455 272,268,649 EQUITY AND LIABILITIES Equity attributable to owners of the parent Share capital 23 351,485,304 351,485,304 351,485,304 351,485,304 Reserves 24 3,782,651 (556,665) - - Retained earnings/(Accumulated losses) 189,517,697 160,710,018 (66,891,974) (89,421,480) 544,785,652 511,638,657 284,593,330 262,063,824 Non-controlling interest 199,790 187,867 - - TOTAL EQUITY 544,985,442 511,826,524 284,593,330 262,063,824 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2023 83 ANNUAL REPORT 2023
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